Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

Quoting ak4x
Just a thought... If I was a borker or an institutional trader, that's almost exactly where I'd figure the vast majority of the stops were and I'd go get 'em...

MuddBu bumped this thread The Structure of Forex Brokers by Darkstar the other day and it is invaluable reading... if you haven't read it, you should. I've read it more times than I can keep track of...
Thanks. I have read that before, it's a great thread. I'm risking 1/8th of what I made from 85->45 earlier, so if I do get stopped out, there are two possibilities. Price goes past to 3630 area and I re-enter on the way back down, or price reverses after stop and I lose 1/8th of my profits from overnight trade. It's a risk, but a 4:1 that I'm willing to take

Thanks for your advise, always looking to learn more every day.
Quoting uksnowman
I like this, I have almost exactly the same entry, stop and target although I would prefer to test the lows again
I do not like when RSI goes down and price stays in the same area... makes me think its taking a breather before going back up.
Quoting uksnowman
I like this, I have almost exactly the same entry, stop and target although I would prefer to test the lows again
I usually set a more conservative TP if I might not be watching the trade. If I go back to sleep for a couple of hours I want to make sure I don't miss out on my TP by 2 pips and end up stopped out, but I don't like trailing stops either. If I am watching, when price approaches TP I will remove it and manually manage.
Took buy eurusd at 1.3580 sl 70 first target 70 pips second waiting,tp open...




Cheers
"Buy on fear, sell on greed !!!
Quoting Petar_Serbia
Took buy eurusd at 1.3580 sl 70 first target 70 pips second waiting,tp open...




Cheers
preparing longs for the weekend ahead?
Quoting Mr Hatch
preparing longs for the weekend ahead?
I just trade my setup and chart we will see i hope
"Buy on fear, sell on greed !!!
Quoting realjumper
That does look like good reading.....cheers
excelent saff)) so Which of U boys R trading on Banks spreds? like 1 pip on eurusd pair
Quoting macher
excelent saff)) so Which of U boys R trading on Banks spreds? like 1 pip on eurusd pair
me
do U use Singapure bank to keep money or just transfer them ther? or do U use broker wich is doing that for U?
See the euro's fall against the dollar:

http://www.dowjoneswebservices.com/chart/view/3471

The International Monetary Fund had a hand in the latest decline in risk appetite when it announced that it would be selling off its last 191.3 metric tons of gold on the open market.

The news knocked about $25 a troy ounce off the spot price of the precious metal from its high Wednesday and pushed commodity currencies, such as the Australian dollar, lower.

Sentiment was also undermined by continuing fears that Greece will fail to meet its deadlines for reducing spending and by reports that other sovereign borrowers, such as Italy, may have used derivatives to disguise the extent of its debts.
......
Long G/U, Good entry. E/U didn't reach lower channel that is why I don't discard another test.

http://www.forexfactory.com/showpost...postcount=4790
i just got stopped out with 15 point trailing stop with +7 pips, do u guys use trailing stops?
Trade What You See and Not What You Think
Robert Mundell, a Nobel laureate in economics for his work on exchange rates says: A decline in the euro to $1.25 or $1.30 would be “better for Europe,”
see the $ index 4h chart , interesting...
Attached Image (click to enlarge)
Click to Enlarge Name: $ index.png Size: 39 KB
Quoting Clouds
long from 1.3587
i dont like counter trend, but did it anyway
big mistake, now short, that 4HR candle confused me
i went long, price resting by the 61.8 area..fans look reliable too.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd day, 09- present.gif Size: 25 KB
Quoting tahshoon
see the $ index 4h chart , interesting...
Looking Good!!
Wait for new low and then you can go long
Quoting SilverShark
Wait for new low and then you can go long
Silver you speaking of a new intra-Day low?
Here is better chart....

I was gonna post this here..probably would have been called

Captions and lines were added in Dec

http://i47.tinypic.com/15x4ayv.jpg


I dont fancy the euro making any decent recovery as long as the swiss are busy with the USD/CHF pair.

It appears the large and initial sellers of the pair (eur/usd) have left the market per se and have left the pair to contend with the bottom pickers.


heavy stops appear to be lurking above 1.0830-40... Swiss longs are being targeted. of course we know what happens when the franc weakens...
20 traders viewing now